Pub Overview
Exciting investment opportunity
What would you do with this pub to make it even more of a success?
The area
Located in the picturesque market town of Kelso in the Scottish Borders, this pub occupies a prime position in the vibrant market square, surrounded by an array of independent businesses. Kelso racecourse hosts around 15 meets from September to May, attracting over 40,000 visitors annually. The town is experiencing growth, with new housing developments and an influx of younger households and families, making it an ideal investment opportunity.
The White Swan will offer when refurbished:
Drinks:
Patrons can indulge in an extensive array of beverages, from premium lagers, craft beers, and ales to a wide selection of soft drinks, wines, and spirits, ensuring there's something for every taste.
Food:
Satisfy cravings with a menu filled with crowd-pleasing dishes, offering something delicious for everyone to enjoy, whether it's a hearty meal or a light bite.
Coffee:
Start your day or unwind with a quality coffee offering, providing a perfect pick-me-up or a relaxing moment to savour in the cosy atmosphere of the pub.
Events:
Guests can experience the excitement with a regular lineup of entertaining events, including quizzes, local music acts, and live sports screenings, ensuring there's always something happening to enhance the pub experience.
We’re always open to new ideas, what would you do to drive trade?
If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring and knowledge of the Borders area would be ideal.
The right operator for the White Swan will have:
* Extensive experience in high street hospitality businesses.
* A clear vision for their food & drinks menu, entertainment offer, and marketing strategy.
* The ability to create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub's next chapter.
Features:
* Refurbishment Planned
* Foundation Tenancy
* Private Accommodation
* Catering Kitchen
* Music Venue
* Live Sports
* Cask Ale
Trading Area & Facilities:
The White Swan will be undergoing a refurbishment which will cover the interior and exterior of the pub. A full list of works and pub floor plan can be found in the ‘refurbishment details’ in the downloads.
The pub's trading area and facilities post-refurbishment will be:
* Main trading area with bar
* 81 internal covers
* Catering kitchen
* Function room
* Smart Dispense
Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
Private Accommodation:
There is a spacious flat with 2 bedrooms and a separate entrance included.
Pub Financials:
* Estimated Total Ingoing Costs: £53,330
* Estimated Minimum Ingoing Costs: £13,443
* Annual Rent: £29,323
* Estimated Annual Turnover: £462,401
* Deposit: £7,330
* Estimated Fixtures & Fittings Value: £35,000
* Estimated Stock Valuation: £7,500
* Estimated Working Capital: £3,500
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.
Downloads:
* Demographics Report Download
* Energy Performance Certificate Download
* Refurbishment Details Download
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